Real Estate Market Update: October 2020

Interest rates are incredibly low, inventory is incredibly low, and anxiety is incredibly high among home buyers. The month of October shows an unprecedented shortage of homes across the state, according to the latest statistical summary from Northwest MLS.

By |2020-11-18T23:37:55+00:00November 18th, 2020|Market Updates|Comments Off on Real Estate Market Update: October 2020

Northwest MLS announces highest September home sales since 2018

The month of September presented a host of potential pitfalls due to continued COVID-19 concerns, Boeing’s announcement, and various other factors. Regardless, last month resulted in the highest volume of home sales since June 2018, according to the latest statistical summary from Northwest MLS. Brokers completed 10,175 sales transactions during September, an increase of 103 [...]

By |2020-10-10T02:04:41+00:00October 10th, 2020|Investor News, Market Updates|Comments Off on Northwest MLS announces highest September home sales since 2018

Limited Open Houses Now Permitted for Counties in Phases 1.5, 2, and 3

King, Snohomish, and Pierce counties still in Phase 2 Gov. Jay Inslee announced Tuesday, Oct. 6, that limited open houses are now permitted for most counties in Washington state. Updated real estate guidelines require our brokers to take all the precautions necessary to hold an open house, while continuing to follow protocol with face coverings, [...]

By |2020-10-10T00:55:39+00:00October 10th, 2020|Investor News, Market Updates|Comments Off on Limited Open Houses Now Permitted for Counties in Phases 1.5, 2, and 3

Market Update: January 2020

The market update data from the NWMLS for performance in the real estate market for the month of December is in, and the data is proving some of our earlier predictions to be coming true. Those pending sales that we've been talking about since this past October are now impacting the Greater Seattle housing [...]

Market Update: November 2019

Low inventory. That’s the takeaway from the latest statistics released by the NWMLS, and it’s something that we should look at as an indicator for the future of the Puget Sound market. Inventory seemingly cannot keep up with the influx of new residents as the region continues its economic expansion thanks largely in part [...]

Market Update: October 2019

We’re headlong into the autumn season, and with the dropping of temperatures, inventory has dropped as expected; however, we saw some very interesting trends in September that have speculators scratching their heads a bit.  What generally tends to be a period of easing in the market turned out to be more of a rollercoaster [...]

Market Update: September 2019

School is back in session launching the end of the summer market craze that never quite materialized in the Puget Sound Region. In lieu of the market correction that lead us into 2019, many experts were reluctant to predict if a summer market uptick would send the Seattle market back into the frenzied state [...]

Market Update

Each month we analyze local market data to provide our clients with market analysis your local regions. The month of July brought interesting market changes The Puget Sound Region is in the middle of a stabilized market that is perplexing experts. The month of July ended with numbers sending mixed messages to buyers and [...]

Market Update: June 2019

The guesswork is now gone from the summer trend as we settle into the middle of the summer market craze. Unfortunately, the Puget Sound Region is not experiencing the craze that investors and sellers were keen to capitalize on the past few years.  Buyers are getting their first breath of fresh air after years [...]

May Seattle Market Update

Check out Heaton Dainard Real Estate's analysis for projections and what's currently happening in the Seattle real estate market.

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